For instance, I live in a college town where its easy to rent to students and property has been rising at 5% even with the downturn in the market.

They don't run around town posting bandit signs.

In the REOs I deal with, it's much cleaner for there to be 2 realtors on the deal and there is a disctinct "class" of the listing realtors and the buyers realtors in town.

It was in a part of town that I liked and I have always been able to get good quality tenants in it.

Of course, everyone tells you that you can invest with much less and you can find notes for sale in your own town, but that certainly does not seem to be the norm.

pid=20601087&sid=aMX336c2lWGQ&refer=worldwide Sept. 7 (Bloomberg) -- Treasury Secretary Henry Paulson decided to take control of Fannie Mae and Freddie Mac after a review found the beleaguered mortgage-finance companies used accounting methods that inflated their capital,**( Sheila Bair seems to be having the same issue, JT)** according to people with knowledge of the decision.

At about 10 am to 11 am, I head into town to do whatever rental property business I will do that day.

It gives only the street and town.

If there were to be any loss, you as the tenant-buyer must have some control over any insurance proceeds.

He has owned the house for 2 1/2 years.I believe it appraised for 329,000.It is a small house 2100 sq ft that needs remodeling.It is in a nice neighboorhoodclose to town on 2 acres.